Risk
Risk returns in the markets after conflicting reports on China and US trade talks. In European trading session traders await the Swiss unemployment rate due at 6:45 while the German Current account balance will be out at 7:00, the France Industrial and Manufacturing production data will e released at 7:45.
In the American calendar, Employment Change, Building Permits m/m and Unemployment Rate data from Canada will be out at 13:30. In US the Michigan Consumer Sentiment and Michigan Consumer Expectations will be released at 15:00.
Crude oil traders will closely follow the Baker Hughes US Oil Rig Count and Baker Hughes US Total Rig Count due at 18:00GMT
In our central bank calendar the FOMC Member Daly will deliver a speech at 16:45, Bank of Canada Deputy Governor Beaudry speaks at 18:30.
Asian equity indices are trading mixed today; Nikkei is 0.26% higher at 23.391 while the Hang Seng trading 0.75% lower at 27,638. EURUSD trades 0.01% lower at 1.1048; the USDJPY is 0.01% lower at 109.27 while the AUDUSD is 0.25% lower at 0.6880.
The central bank of China set the Yuan rate (USDCNY) at 6.9945 versus yesterday settlement at 7.0008.